UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete

The UAE has already completed nearly 50% of a second pipeline that bypasses the Strait of Hormuz, said the CEO of Abu Dhabi National Oil Co,, or ADNOC. The new pipeline will double ADNOC’s export capacity through Fujairah, a port that sits on the Gulf of Oman just beyond Hormuz. The United Arab Emirates has […] The post UAE says new pipeline that will bypass Strait of Hormuz is nearly 50% complete appeared first on Modern Diplomacy.